SURVEY: Houston entrepreneurs plan to hire, see economic rebound

From Community Reports

Published 8:26 am, Tuesday, January 29, 2013

Results from a recent survey conducted by The Entrepreneurs’ Organization indicate that 45% of Houston-area entrepreneurs expect to hire more full-time workers, and 62% expect to hire more part-time workers in the coming 6 months. Those surveyed also believe the economy is moving in a positive direction, with 79% reporting positive feelings about starting a new business in the next 6 months.

These numbers are comparable to global numbers, which indicate that 56% of entrepreneurs around the world plan to hire more full-time workers; 62% of entrepreneurs plan to hire part-time workers; and 77% of global entrepreneurs hopeful about starting new ventures in the next coming 6 months.

The survey included 143 Houston-area companies with at least $1 million in annual revenue and sizable impacts on the local economy. By focusing on entrepreneurs, the survey results are flexible enough to be at the forefront of business trends. Overall, the average respondent grosses $4 million in revenue.

“The results from the survey underscore that Houston businesses are thriving despite the current economic climate,” said EO Houston Chapter President, Michael Lehane. “We expect our businesses to continue growing, and we expect the market to rebound in a positive way.”

The Entrepreneurs' Organization Houston is the local chapter of a global community that enriches members' lives through dynamic peer-to-peer learning and once-in-a-lifetime experiences. For more information please visit www.eohouston.com.

The Entrepreneurs’ Organization is a dynamic, global network of more than 8,000 business owners in 40 countries. Founded in 1987 by a group of young entrepreneurs, EO is the catalyst that enables entrepreneurs to learn and grow from each other, leading to greater business success and an enriched personal life. Membership in one of EO’s 120 chapters is by invitation only; the average member is 41 years old with annual revenues of US $17.3 million. For more information on the Entrepreneurs’ Organization, visit www.eonetwork.org.